The site also allows tenants to pay with ACH for free or for a fee, the tenant can pay with a credit card. 

In my state if the tenant requests I would have to hold the items up to 30 days but then storage fees could kick in.

Loan amount is 283,500 for the two properties, origination fees are around $4,300. 

Thank youGerman LLCs in CA have an annual fee of $800/year.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

One will argue what does the Management Fee (base) covers?

Just make sure you have a real investment plan laid out because it doesn't benefit you to pull the trigger just to end up losing money every month or losing the property because the numbers don't work.

Also that syndication is a whole other beast, and while there are tremendous benefits from starting a syndication, like taxes, acquisition fees, sharing the work load, etc, the risks are that much bigger.  

Exonerated 4 times, $0 cost, and the last one paid a $500 settlement plus my attorney's fees with no admission of wrongdoing on a $15k suit.

My question for LTR investors - what would be an ideal loan for you assuming its for a longer term hold..Please dont tell me 3% no fees, 100% LTV, close in an hour, no prepay etc etc  LOL ...